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ETF comparison

OMFL vs SPYM

Multi-Factor vs US Large Cap.

Invesco Russell 1000 Dynamic Multifactor ETF · State Street SPDR Portfolio S&P 500 ETF

Holdings overlap

Weighted by ISIN/CUSIP
64.3 %

405 positions appear in both funds. Buying equal dollars of OMFL and SPYM would leave roughly 64.3% of each dollar exposed to the same underlying securities.

OMFL unmatched 35.7% Shared 64.3% SPYM unmatched 35.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In OMFL only
227 positions
Shared
405 positions
In SPYM only
101 positions

Side by side

OMFL

Invesco Russell 1000 Dynamic Multifactor ETF

Invesco · Multi-Factor

76 composite / 100
Expense ratio
0.29%
Net assets
$4.66B
TTM yield
0.83%
Top-10 conc.
36.2%
SPYM

State Street SPDR Portfolio S&P 500 ETF

State Street · US Large Cap

91 composite / 100
Expense ratio
0.020%
Net assets
$181.85B
TTM yield
1.03%
Top-10 conc.
36.4%

Sub-score comparison

71
Cost
98
86
Tax efficiency
88
86
Liquidity
100
63
Concentration
62
—
Tracking quality
—
OMFL sub-score SPYM

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPYM is 27 bps cheaper than OMFL. On a $100,000 position that's about $270/yr more in fees for OMFL.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with OMFL vs SPYM.

Top shared holdings

405 shared in total
# Holding In OMFL In SPYM Overlap
1 Apple Inc. 8.53% 6.59% 6.59%
2 NVIDIA Corp. 5.22% 7.51% 5.22%
3 Microsoft Corp. 6.45% 4.29% 4.29%
4 Alphabet Inc. 2.94% 3.25% 2.94%
5 Alphabet Inc. 2.37% 2.59% 2.37%
6 Amazon.com, Inc. 1.94% 3.62% 1.94%
7 Eli Lilly and Co. 1.92% 1.47% 1.47%
8 Meta Platforms, Inc. 1.10% 1.92% 1.10%
9 Micron Technology, Inc. 0.97% 2.02% 0.97%
10 Johnson & Johnson 1.47% 0.95% 0.95%
11 Visa Inc. 3.00% 0.88% 0.88%
12 Applied Materials, Inc. 0.88% 0.89% 0.88%

Only in OMFL

227 total
  • ExxonMobil Holdings Corp. 1.23%
  • Brookfield Asset Management Ltd. 0.12%
  • AngloGold Ashanti PLC 0.12%
  • Curtiss-Wright Corp. 0.12%
  • United Therapeutics Corp. 0.11%
  • TechnipFMC PLC 0.09%
  • Southern Copper Corp. 0.09%
  • Mueller Industries, Inc. 0.08%
  • Neurocrine Biosciences, Inc. 0.08%
  • Graco Inc. 0.08%

Only in SPYM

101 total
  • Intel Corp 1.02%
  • Exxon Mobil Corp 0.88%
  • Sandisk Corp 0.52%
  • Oracle Corp 0.39%
  • Citigroup Inc 0.37%
  • Seagate Technology Holdings PLC 0.34%
  • Welltower Inc 0.25%
  • Lowe's Cos Inc 0.19%
  • Bank of New York Mellon Corp/The 0.15%
  • PNC Financial Services Group Inc/The 0.15%

Percentages are holdings overlap with the named fund.

Open OMFL or SPYM at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.